ArrowStream adds CFO to executive management team

October 8, 2009

Chicago ArrowStream, a leading provider of supply chain solutions for the foodservice industry, announced that John Harvey will join the company Nov. 10 as CFO. He will be responsible for all financial aspects of the company.

Harvey will replace Mary Healy, ArrowStream’s current CFO, who announced her retirement earlier this year.

Harvey brings a wealth of experience from rapidly growing companies to ArrowStream, serving most recently as CFO of Redbox Automated Retail, LLC and then as CFO of Redbox’s publicly traded parent, Coinstar. Prior to Redbox, Harvey was with JetBlue Airways Corp. where he supported the company’s growth from an entrepreneurial start-up to a mature, $3 billion operation serving initially as VP and treasurer and then as executive VP and CFO.

Key to the company’s rapid success is The ArrowStream Network, which is the largest most extensive system of restaurants chains, distributors and manufacturers in the foodservice industry with more than 2,300 partners and more than $15 billion of transactions on an annual basis.

“When Mary announced her retirement we were concerned about finding someone with equal skills. We are thrilled about the addition of John Harvey to our executive team. His leadership, experience and core values are particularly relevant to the next phase of our evolution and will enhance our already strong financial position as we continue to expand The Network and fulfill ArrowStream’s commitment to delivering supply chain innovation and mutually beneficial solutions to our customers,” said Steven LaVoie, CEO and chairman of ArrowStream.

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